Perp DEXs are decentralized exchanges that offer perpetual futures contracts, enabling users to place highly leveraged bets on asset prices without expiration
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Binance Founder CZ Proposes DEX to Prevent Front-Running
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Perpetual DEXs offer non-expiring leveraged positions but suffer from critical transparency flaws that allow liquidation sniping and front-running due to real-time visibility of user positions.
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